Max Healthcare Institute Merger & Restructuring
Max Healthcare acquired a 100% stake in Yerawada Properties Private Limited. This facilitates setting up a 450-bed super speciality hospital in Pune.
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Max Healthcare acquired a 100% stake in Yerawada Properties Private Limited. This facilitates setting up a 450-bed super speciality hospital in Pune.
Max Healthcare received a ₹0.32 Crore penalty from the Income Tax Department. The company is currently filing an appeal against this order.
Max Healthcare received an Income Tax penalty of ₹0.11 Crore regarding FY 2018-19 transactions. The company plans to file an appeal against the order.
Max Healthcare received an Income Tax Department order imposing a ₹0.11 Crore penalty. The company is currently appealing the decision.
Max Healthcare delivered Q4 FY26 revenue of INR 2,664 Cr (+10% YoY) and FY26 PAT of INR 1,631 Cr (+22% YoY).
Max Healthcare (MHIL) reports strong FY26 performance with 16% revenue growth and 14% EBITDA growth. The company maintains a 26.2% EBITDA margin while executing an aggressive 8,400+ bed expansion strategy.
Max Healthcare applied to re-classify Radiant Life Care Hospital Foundation from promoter to public category. The change awaits stock exchange approval and no-objection.
The CCI dismissed allegations of dominant position abuse against Max Healthcare's network hospitals. This favorable regulatory outcome removes potential legal liability and operational risk.
Max Healthcare re-appointed Anil Kumar Bhatnagar as Non-Executive Director for 36 months. The board also re-appointed M/s. Chandra Wadhwa & Co. as Cost Auditors.
Max Healthcare recommended a final dividend of ₹2 per equity share. The record date and general meeting schedule will be finalized in due course.
Max Healthcare reported Q4 revenue of ₹2,664 Crore, reflecting 10% YoY growth. Strong operational performance and capacity expansion signal continued growth momentum for investors.
Max Healthcare Institute Ltd reported revenue from operations of ₹2,143 Cr (+12.2% YoY) and net profit of ₹342.2 Cr (+7.3% YoY) for Q4 FY26.
Max Healthcare reported ₹8,536.07 Crore annual consolidated income and recommended a ₹2/- per share dividend. The board also approved a new 712-bed hospital in Lucknow.
Max Healthcare granted 2,15,000 stock options worth ₹13.15 Crore to eligible employees. This employee incentive scheme aligns long-term staff interests with company performance and growth.
Max Healthcare updated on a petition filed before NCLT regarding alleged mismanagement at its subsidiary, Kalinga Hospital. The matter is reserved for orders after recent submissions.
Max Healthcare acquired a 58.28% stake in Kalinga Hospital for ₹297.97 Crore. KHL becomes a subsidiary, expanding the company's footprint into Bhubaneswar, Odisha.
Max Healthcare received a request to re-classify Radiant Life Care Hospital Foundation from promoter to public category. The entity currently holds no shares in the company.
Max Healthcare shareholders approved the re-appointment of Mr. Narayan K. Seshadri via postal ballot. The resolution passed with a 91.07% majority in favor.
Max Healthcare Institute Limited allotted 51,287 equity shares on May 1, 2026, under its ESOP/ESPS scheme. This increases the company's total paid-up share capital from 973,192,502 to 973,243,789 shares. The allotment follows a 2022 board approval for employee stock-based benefits.
Max Healthcare Institute Limited allotted 51,287 equity shares to employees under its ESOP Scheme 2022 on May 1, 2026. The allotment, valued at ₹1.80 Crore based on an exercise price of ₹350 per share, increases the company's paid-up equity capital to ₹973.24 Crore.
Max Healthcare Institute Limited received a Rectification Order from the Delhi GST authority withdrawing an earlier tax demand of ₹55.20 Crore. The authority accepted the company's submissions regarding alleged excess Input Tax Credit availment. This outcome successfully resolves the previously disclosed tax dispute without any financial liability.
Max Healthcare Institute Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive Non-Independent Director. The proposed tenure is for three years, effective from May 16, 2026, to May 15, 2029. Voting concludes on May 11, 2026.
Max Healthcare Institute Limited issued a postal ballot notice to shareholders for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive and Non-Independent Director. The e-voting period runs from April 12 to May 11, 2026. If approved, the tenure will span three years from May 16, 2026.
Max Healthcare Institute Limited is acquiring Kalinga Hospital Ltd. in Bhubaneswar for ₹300 Crore. The 250-bed multi-specialty facility expands the company's footprint in Odisha. The cash transaction is expected to conclude within 4-6 weeks, adding to the group's revenue and regional profitability.
Max Healthcare Institute Limited has re-appointed Mr. Narayan Keelveedhi Seshadri as a Non-Executive Non-Independent Director for a three-year term effective May 16, 2026. Mr. Seshadri is a seasoned professional with over forty years of experience in business transformation and strategic leadership.
Max Healthcare's board approved the acquisition of a 58.39% stake in Kalinga Hospital, Bhubaneswar, for ₹300 Crore. The deal includes a ₹100 Crore loan and $5 Million corporate guarantee for the target. Expansion into Eastern India will be funded via a ₹300 Crore External Commercial Borrowing from Standard Chartered Bank.
Max Healthcare Institute Ltd submitted its quarterly certificate under SEBI Regulation 74(5) for the period ending March 31, 2026. The registrar, MUFG Intime India, confirmed no dematerialization requests were received as the company has no physical shares. This is a routine regulatory compliance filing.